Money Talks: Adani’s short story

Just weeks ago, Gautam Adani was the third richest person in the world. But he was caught short when Hindenburg Research, a small American short-seller, issued a report that spooked investors, wiping $100bn from the value of Adani firms.On this week’s podcast, hosts Mike Bird, Alice Fulwood and Tom Lee-Devlin examine the allegations levelled at Adani’s firms, which the company has forcefully denied. The Economist’s Mumbai bureau chief, Tom Easton, talks them through Hindenburg’s report and Adani’s response. Analyst Mahesh Vyas considers the impact on Adani’s ability to borrow to fund infrastructure projects. And short-seller Andrew Left describes what it’s like to hit send on a report that’s intended to crash a firm’s stock price.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

Take a seat at the table and learn about the biggest stories in financial markets, the economy and business. Each week our editors and correspondents explore how economics influences the world we live in and share their insights across a range of topics. From inflation and recession risk to all things crypto and even the commercial success of K-pop, we have you covered. Published every Thursday.If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription.For more information about Economist Podcasts+, including how to get access, please visit our FAQs page at https://myaccount.economist.com/s/article/What-is-Economist-Podcasts. Hosted on Acast. See acast.com/privacy for more information.